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500 Gourdes European Market
| Issuer | Banque de la République d'Haïti |
|---|---|
| Year | 1977-1978 |
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| Composition | Log in to see details |
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| Shape | Round |
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|---|---|
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| Reverse description | The reverse displays the Haitian coat of arms at center, featuring a palm tree flanked by two cannons on a green hill, with a trophy of weapons and six Haitian flags, and a ribbon below bearing the national motto L'UNION FAIT LA FORCE. The legend LIBERTE EGALITE FRATERNITE arcs along the upper periphery within a beaded border. The denomination 500 GOURDES appears in large raised lettering in the lower field, with the date 1977 below. |
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| Reverse lettering | LIBERTE EGALITE FRATERNITE 500 GOURDES 1977 |
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| Additional information |
Issued under the Duvalier government as part of a series aimed squarely at foreign collectors and investors rather than domestic circulation, this piece never meaningfully entered the Haitian economy. Jean-Claude Duvalier had inherited power from his father in 1971, and the early years of "Baby Doc's" presidency saw a calculated push to generate hard currency through commemorative gold issues sold through European numismatic distributors — hence the market designation.
Virtually all known examples are uncirculated, having passed directly from mint to dealer to collection.